UniCredit
International banking group
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2025 | UniCredit entered into a new sponsorship deal with Scuderia Ferrari, marking its entry into Formula 1 motorsport sponsorship. |
February 2025 | Delfin initiated discussions about selling its 2.7% stake in UniCredit through an accelerated book building process, potentially worth nearly 2 billion Euros. CEO Andrea Orcel publicly challenged the potential sale. |
February 2 2025 | UniCredit announced holding a 4.1% stake in Generali's shares. |
December 18 2024 | UniCredit increased its stake in Commerzbank to 28%, which the German government criticized as uncoordinated and hostile. |
November 25 2024 | UniCredit launched a €10.1bn takeover bid for Banco BPM. |
September 23 2024 | UniCredit increased its stake in Commerzbank to 21% and submitted a request to the ECB to increase its stake to 12.9%. |
September 11 2024 | UniCredit purchased a 9% stake in Commerzbank, with half bought on the open market and half from the German government, and requested ECB approval to potentially increase its stake. |
May 2024 | A Russian court authorized the seizure of €462.7 million of UniCredit's assets. |
October 2023 | UniCredit announced becoming the largest investor in Alpha Bank, purchasing a 9% stake and taking over its Romanian subsidiary. |
2022 | UniCredit is recognized as a systemically important bank by the Financial Stability Board. |
June 29 2022 | UniCredit filed a lawsuit with the European Court of Justice challenging the ECB's demands to reduce Russian operations as illegal. |
May 2022 | UniCredit and Citigroup explored potential asset exchanges in Russia. |
April 2022 | The European Central Bank ordered UniCredit to reduce its operations in Russia. |
March 2022 | UniCredit estimated potential losses from leaving the Russian market at €7.4 billion and reserved more than €1 billion for possible losses. |
February 24 2022 | Following Russia's invasion of Ukraine, UniCredit began considering exiting the Russian market, which previously included potential plans to buy the Russian bank Otkrytie. |
March 3 2021 | Major shareholders were documented, with BlackRock Group holding 5.075% and Capital Research and Management Company holding 5.022% of UniCredit's share capital. |
2020 | UniCredit ends its ownership of YapıKredi in Turkey and Azerbaijan. |
2018 | UniCredit concluded its nine-year sponsorship of the UEFA Champions League. |
January 29 2018 | UniCredit launched buddybank, the first mobile-only bank designed for iOS devices, which also supports Android platforms. The bank operates on a conversational model with 24/7 chat-based customer assistance. |
2017 | Relocated its registered office back to Milan, returning to its original headquarters city. |
December 2017 | UniCredit converted its savings shares to ordinary shares and removed the 5% cap on voting rights for each entity. |
April 6 2017 | UniCredit issued its first bond in the United States in a decade. |
January 2017 | UniCredit consolidated 10 old ordinary shares into 1 new ordinary share, and combined bearer and registered savings shares. |
2016 | UniCredit sells its stakes in Bank Pekao in Poland and UniCredit Bank in Ukraine. |
December 2016 | UniCredit sold Polish bank Bank Pekao and its card business in Italy, Germany, and Austria to SIA for €500 million. The bank also sold Pioneer to Amundi for €3.545 billion. |
December 13 2016 | UniCredit announced a massive €13 billion recapitalization, €8.1 billion loan loss provisions, and €1.7 billion net restructuring charges. |
January 2016 | UniCredit sold Ukrainian bank Ukrsotsbank to Alfa Group. |
April 2015 | UniCredit and Banco Santander reached a preliminary agreement to merge their asset-management businesses, though the deal was later terminated on 27 July 2016. |
November 2014 | UniCredit is designated as a Significant Institution under European Banking Supervision, becoming directly supervised by the European Central Bank. |
March 14 2014 | UniCredit announced plans to cut around 8,500 jobs and reported a $15 billion loss in the 4th quarter of 2013 due to extensive cash-reserving for bad loans and writing down goodwill from acquisitions. |
2013 | UniCredit divests its subsidiaries in the Baltics and in Kazakhstan and Kyrgyzstan (ATF Bank). |
2013 | UniCredit Finance ceased providing banking services in Latvia. |
March 11 2011 | UniCredit froze the voting rights of Libyan shareholders (Central Bank of Libya and Libyan Investment Authority) following international developments. |
2010 | UniCredit S.p.A. absorbed its Italian banking subsidiaries: UniCredit Banca, Banca di Roma, and Banco di Sicilia. |
This contents of the box above is based on material from the Wikipedia article UniCredit, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.